currency

(redirected from national currency)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.

currency

noun bank notes, bills, cash, circulating medium, coin, government notes, hard cash, legal tender, medium of exchange, moneta, money, money in actual use, notes, paper money, ready money, specie
Associated concepts: lawful currency
See also: cash, disclosure, money, publication

CURRENCY. The money which passes, at a fixed value, from hand to hand; money which is authorized by law.
     2. By art. 1, s. 8, the Constitution of the United States authorizes congress "to coin money, and to regulate the value thereof." Changes in the currency ought not to be made but for the most urgent reason, as they unsettle commerce, both at home and abroad. Suppose Peter contracts to pay Paul one thousand dollars in six months-the dollar of a certain fineness of silver, weighing one hundred and twelve and a half grains-and afterwards, before the money becomes due, the value of the dollar is changed, and it weighs now but fifty-six and a quarter grains; will one thousand of the new dollars pay the old debt? Different opinion may be entertained, but it seems that such payment would be complete; because, 1. The creditor is bound to receive the public currency; and, 2. He is bound to receive it at its legal value. 6 Duverg. n. 174.

Mentioned in ?
References in periodicals archive ?
Therefore, we expect the IMF Board of Directors will summon their meeting on March 11, and as soon as possible, following a positive decision, we will be able to obtain additional financial resources, capable to stabilize both the national currency and public finance", stressed the Head of Government.
Ukraine : Arseniy Yatsenyuk believes the Parliament to stir up considering the bill on the return of foreign currency from foreign accounts
Also, Iran's President Mahmoud Ahmadinejad announced last year that the plan to lop three zeros off Iran's national currency had been finalized.
Iran to Slash Off Three Zeros from Currency
If a country wants to reintroduce a national currency, it could simply use its existing euro notes and coins as legal tender until the new national money has been minted and printed.
The euro: coming of age or coming apart?
contested Listed race at Nad Al Sheba last month, National Currency was put down on Thursday, leaving those associated with the horse devastated at the loss of an animal who was being primed to race in Britain this summer.
South African star National Currency dies
Unfortunately, gain from the same transaction may not be as forgiving of foreign individuals who evaluate the transaction in terms of their national currency.
Phantom foreign currency gain on foreign property
Compensation In national currency and exchange rates
A perspective on U.S. and foreign compensation costs in manufacturing: despite the appreciation of the dollar, U.S. hourly compensation costs have grown more slowly than costs in foreign countries over the 1975-2000 period. (International comparisons)
About 40 per cent said they can already remember prices in euro and 67 per cent know itsexact value in their national currency.
People expecting cheating over prices
The latest date, in any of the euro zone countries, for using the national currency is February 28, 2002.
Your currency questions answered
Historical data may also be rendered obsolete, as national currency values will no longer be indicative of a customer's history.
Euro meltdown threat. (IT News)
Boggs is famous for drawing intricate but slightly skewed versions of the national currency, asking businesses to accept one of these bills in lieu of ordinary dollars, then asking for the correct change.
The Art of the Deal
The Coinstar National Currency Poll: A Periodic Look at Americans and Their Money found that 43% of Americans would favor such a currency agreement between the United States, Mexico and Canada.
New Poll Reveals 43% of Americans Favor Common Currency for North America
974/ 98 then provides that the euro shall also be divided into the national currency units according to the conversion rates.
The "Euro" has arrived

Legal browser ?
Full browser ?